Archives for: February 2006

European closing forex comment


28th February 2006
Dollar dips on weaker than expected economic data Weaker than expected economic data out of the US sent the US Dollar lower as currency traders took the view that while the ECB are certain to raise rates in the Euro-zone, the certainty that the Federal… more »
Technorati tags: currencydollareconomic dataeuro-zoneforexfx
Flickr tags: currencydollareconomic dataeuro-zoneforexfx

Euro / US Dollar forex update


28th February 2006
Euro gains on economic data release The Euro gained ground against the US Dollar after the release of firm, but expected, Euro-zone inflation data. January Euro-zone CPI rose to an expected 2.4 pct annual rate, this was the 12th month in a row that the… more »
Technorati tags: currencyeconomic dataeuroeuro-zoneforextraders
Flickr tags: currencyeconomic dataeuroeuro-zoneforextraders

US Dollar / Japanese Yen update


28th February 2006
Japanese Yen becalmed The Japanese Yen remained steady in European morning forex trading. The overall consensus on the economic data released overnight was not quite as bullish as expected for the Japanese Yen. Industrial production rose a little less t… more »
Technorati tags: currencydollarforexfxindustrial productionjapanese yen
Flickr tags: currencydollarforexfxindustrial productionjapanese yen

Forex Technical Trading Update


28th February 2006
Canadian Dollar- all dressed up, where shall we go? Hands up all those of you who were trading the currencies in December 1991. Well, if you are one of those select few, then you will remember that it was then that the US Dollar / Canadian Dollar was la… more »
Technorati tags: canadian dollarcurrencygdpoil pricetechnicaltraders
Flickr tags: canadian dollarcurrencygdpoil pricetechnicaltraders

Early Morning Forex Comment


28th February 2006
Data Splurge Currency markets had a quiet session in Asia, with no new breakout levels recorded. Today we have a lot of economic data to be released today. Most of it will be ignored by forex traders, but all is likely to confirm expected Central Bank m… more »
Technorati tags: central bankcurrencydollarforexfxjapanese yen
Flickr tags: central bankcurrencydollarforexfxjapanese yen

Euro / US Dollar Technical Levels


28th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in EUR/USD RESISTANCE: 1.1935 then 1.1995 then 1.2025 SUPPORT: 1.1810 then 1.1780 then 1.16… more »
Technorati tags: currencydollareuroforexfxtechnical levels
Flickr tags: currencydollareuroforexfxtechnical levels

US Dollar /Swiss Franc Technical Levels


28th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in CHF/USD RESISTANCE: 1.3285 then 1.3446 SUPPORT: 1.3150 then 1.3025 then 1.2975 Forex… more »
Technorati tags: currencydollarforexfxswiss franctechnical levels
Flickr tags: currencydollarforexfxswiss franctechnical levels

British Pound / US Dollar Technical Levels


28th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in GBP/USD RESISTANCE: 1.7460 then 1.7570 then 1.7605 SUPPORT: 1.7370 then 1.7310 Forex… more »
Technorati tags: british poundcurrencydollarforexfxtechnical levels
Flickr tags: british poundcurrencydollarforexfxtechnical levels

US Dollar / Japanese Yen Technical Levels


28th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in JPY/USD RESISTANCE: 116.40 then 117.15 then 117.90 SUPPORT: 115.55 then 114.80 Forex tradi… more »
Technorati tags: currencydollarforexfxjapanese yentechnical levels
Flickr tags: currencydollarforexfxjapanese yentechnical levels

Economic Calendar for Today


28th February 2006
Economic Calendar for today: Tuesday 28th February 2006 Timeeventexpectprevious07:00 GMT EU German January ILO Unemployment rate9.2pct9.1pct10:00 GMTEU February Euro-zone Consumer Confidence-10-1110:00 GMTEU February Euro-zone Economic Confidence102.510… more »
Technorati tags: cpieconomic calendareconomic confidenceeuro-zonefedgdp
Flickr tags: cpieconomic calendareconomic confidenceeuro-zonefedgdp

European closing forex comment


27th February 2006
US Dollar and Japanese Yen firm in trendless session A drop in US January New homes sales data to 1230k from an expected 1260k did not disturb the currency markets at all in European afternoon forex trading. The US Dollar traded in narrow ranges against… more »
Technorati tags: asia tradingcurrencydollarforexfxtrading
Flickr tags: asia tradingcurrencydollarforexfxtrading

Forex Trading Online


27th February 2006
Fancy trying your hand at trading currencies on the Foreign Exchange? Well why not? With the ease of access that the Internet allows to an unparalleled 24 hours, five-days-a-week trading its no wonder that forex trading online is becoming extremely po… more »
Technorati tags: currency tradingforexgbpmoney marketpipsus dollar
Flickr tags: currency tradingforexgbpmoney marketpipsus dollar

Midday Forex Commentry


27th February 2006
Steady European morning Euro-zone M3 money supply rose a stronger than expected 7.6pct on a year on year basis. The currency markets had been expecting a steady 7.3pct. This confirmation of inflationary pressures only emphasised the probability of a .2… more »
Technorati tags: asia tradingcurrencydollareuro zoneforexmpc
Flickr tags: asia tradingcurrencydollareuro zoneforexmpc

Early Morning Forex Comment


27th February 2006
US Dollar, Japanese Yen both strengthen in Asia trade. Comments by Fiscal and Economic Policy Minister Kaoru Yosano that there's ``hardly any difference between the Bank of Japan and the government's views of the economy”, gave currency traders yet anot… more »
Technorati tags: currencydollarecbforexfxinterest rates
Flickr tags: currencydollarecbforexfxinterest rates

Euro / US Dollar Technical Levels


27th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in EUR/USD RESISTANCE: 1.1935 then 1.1995 then 1.2025 SUPPORT: 1.1810 then 1.1780 then 1.16… more »
Technorati tags: currencydollareuroforexfxtechnical levels
Flickr tags: currencydollareuroforexfxtechnical levels

US Dollar /Swiss Franc Technical Levels


27th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in CHF/USD RESISTANCE: 1.3285 then 1.3446 SUPPORT: 1.3150 then 1.3025 then 1.2975 Forex… more »
Technorati tags: currencydollarforexfxswiss franctechnical levels
Flickr tags: currencydollarforexfxswiss franctechnical levels

British Pound / US Dollar Technical Levels


27th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in GBP/USD RESISTANCE: 1.7460 then 1.7570 then 1.7605 SUPPORT: 1.7370 then 1.7310 Forex… more »
Technorati tags: british poundcurrencydollarforexfxtechnical levels
Flickr tags: british poundcurrencydollarforexfxtechnical levels

US Dollar / Japanese Yen Technical Levels


27th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in JPY/USD RESISTANCE: 116.40 then 117.15 then 117.90 SUPPORT: 115.55 then 114.80 Forex tradi… more »
Technorati tags: currencydollarforexfxjapanese yentechnical levels
Flickr tags: currencydollarforexfxjapanese yentechnical levels

Economic Calendar for Today


27th February 2006
Economic Calendar for today: Monday 27th February 2006 Timeeventexpectprevious 09:00 GMT EU January Euro-zone M3 y/y 7.3pct 7.3pct 09:30 GMTUK February M0 Money Supply y/y 6.2pct 6.5pct 15:00 GMT US January New Homes Sales 1260k 1269k 23:50 GMT Ja… more »

Afternoon Forex comment


24th February 2006
US Dollar / Japanese Yen update A close below 116.70 for the Japanese Yen would be the strongest close since the end of January. This would be a strong signal for traders to take the Japanese Yen to the expected support at 116.10 and then the next targe… more »

Afternoon Forex comment


24th February 2006
Euro / US Dollar update The Euro remained steady against the US Dollar at 118.90, with European traders unwilling to carry through the bullish tone in Asian trading. The Euro currency was trading around the 1.1920 level at the end of Far East forex trad… more »
Technorati tags: dollareuroforexfxtechnical supporttrading
Flickr tags: dollareuroforexfxtechnical supporttrading

Afternoon Forex comment


24th February 2006
The headline figure for US January Durable Goods orders showed a decline of 10.2pct against expectations of a fall of just 1.2pct. This was the sharpest decline for at least 5 years. Experienced currency traders would have ignored this figure because it… more »
Technorati tags: currencydurable goods ordersforexmarkets
Flickr tags: currencydurable goods ordersforexmarkets

Early Morning Forex Comment


24th February 2006
Currency traders, while very much focused on the words and actions of Central Banks will also be aware of other ’events’. The state of emergency in the Philippines, and the apparently deteriorating situation in Iraq, being just two that could suddenly be… more »
Technorati tags: bank of japancurrencydollardurable goods ordersfx
Flickr tags: bank of japancurrencydollardurable goods ordersfx

Euro / US Dollar Technical Levels


24th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in EUR/USD RESISTANCE: 1.1935 then 1.1995 then 1.2025 then 1.2065 SUPPORT: 1.1890 then 1.1855… more »
Technorati tags: currencydollareuroforexfxtechnical levels
Flickr tags: currencydollareuroforexfxtechnical levels

US Dollar /Swiss Franc Technical Levels


24th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in CHF/USD RESISTANCE: 1.3095 then 1.3155 then 1.3205 SUPPORT: 1.3025 then 1.2975 then 1.2910… more »
Technorati tags: currencydollarforexfxswiss franctechnical levels
Flickr tags: currencydollarforexfxswiss franctechnical levels

British Pound / US Dollar Technical Levels


24th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in GBP/USD RESISTANCE: 1.7570 then 1.7605 SUPPORT: 1.7460 then 1.7370 then 1.7310 Forex… more »
Technorati tags: british poundcurrencydollarforexfxtechnical levels
Flickr tags: british poundcurrencydollarforexfxtechnical levels

US Dollar / Japanese Yen Technical Levels


24th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in JPY/USD RESISTANCE: 117.25 then 117.90 SUPPORT: 116.10 then 115.90 then 115.53 Forex tradin… more »
Technorati tags: currencydollarforexfxjapanese yentechnical levels
Flickr tags: currencydollarforexfxjapanese yentechnical levels

Economic Calendar for Today


24th February 2006
Economic Calendar for today: Friday 24th February 2006 Timeeventexpectprevious 09:30 GMT UK 4th Quarter GDP Year on Year 1.7pct 1.7pct 09:30GMT UK 4th Quarter GDP month on month0.6pct 0.4 pct 13:30 US January Durable Goods Orders -1.2pct 1.8pct 13:30 G… more »

Early afternoon forex comment


23rd February 2006
Currency strength against the dollar has persisted into the afternoon, with day traders keen to protect the pips in the bag. Short term targets have not been universally met, but the damage to the US Dollar has been done and further near term currency st… more »
Technorati tags: british poundcurrencydollarfxifotraders
Flickr tags: british poundcurrencydollarfxifotraders

Mid morning Forex market comment.


23rd February 2006
Currency markets bounced into life on the release of a better than expected German February IFO business climate index. The Index which had been expected to record a 101.5 level, jumped to its highest level in 14 years at 103.3 from a revised 101.8 in Ja… more »
Technorati tags: bank of japancurrencyeurofxifotrading
Flickr tags: bank of japancurrencyeurofxifotrading

Early Morning Forex Comment


23rd February 2006
Forex traders were buyers of the Japanese Yen against the US Dollar in a busy Asian market following comments by Bank of Japan Governor Toshihiko Fukui. The Japanese Yen rose to 117.50 from 118.20 after Mr Fukui said that the economy showed ’clear’ infla… more »
Technorati tags: bank of japancurrencydollarforexfukuiifo
Flickr tags: bank of japancurrencydollarforexfukuiifo

Euro / US Dollar Technical Levels


23rd February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in EUR/USD RESISTANCE: 1.1995 then 1.2025 then 1.2065 SUPPORT: 1.1855 then 1.1810 Forex… more »
Technorati tags: currencydollareuroforexfxtechnical levels
Flickr tags: currencydollareuroforexfxtechnical levels

US Dollar /Swiss Franc Technical Levels


23rd February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in CHF/USD RESISTANCE: 1.3155 then 1.3205 SUPPORT: 1.3025 then 1.2975 then 1.2910 Forex… more »
Technorati tags: currencydollarforexfxswiss franctechnical levels
Flickr tags: currencydollarforexfxswiss franctechnical levels

British Pound / US Dollar Technical Levels


23rd February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in GBP/USD RESISTANCE: 1.7490 then 1.7570 SUPPORT: 1.7390 then 1.7330 then 1.7260 then 1.7190… more »
Technorati tags: british poundcurrencydollarforexfxtechnical levels
Flickr tags: british poundcurrencydollarforexfxtechnical levels

US Dollar / Japanese Yen Technical Levels


23rd February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in JPY/USD RESISTANCE: 119.00 then 119.35 then 119.95 SUPPORT: 117.10 then 116.70 Forex tradin… more »
Technorati tags: currencydollarforexfxjapanese yentechnical levels
Flickr tags: currencydollarforexfxjapanese yentechnical levels

Economic Calendar for Today


23rd February 2006
Economic Calendar for today: Thursday 23rd February 2006 Timeeventexpectprevious 09:00 GMT EU German February IFO: Business Climate 101.5 102.0 09:00 GMT EU German February IFO: Current Assesment 100.5 100.4 09:00 GMT EU German February IFO: Expectat… more »

European closing forex comment


22nd February 2006
Currency traders were unable to find enough impetus from fairly benign Consumer Price Index data to take the forex markets into new territory. January US CPI came out a little higher than expected but the core ( excluding food and energy ) was bang in li… more »
Technorati tags: consumer price indexcurrencydollarforexjapanese yenpips
Flickr tags: consumer price indexcurrencydollarforexjapanese yenpips

Forex news update


22nd February 2006
January US Consumer Price Index data showed a slightly higher than expected rise of 0.7pct with the core statistic excluding food and energy rising 0.2pct as expected . This should be slightly helpful to traders who are looking for a rise in the US Doll… more »
Technorati tags: consumer price indexcurrencydatadollarstatistictrading ranges

Midday Forex Commentry


22nd February 2006
As so often happens, when everybody gets bored and becomes convinced that a currency market will never move, the move comes. The US Dollar has gained against all the major currencies, Japanese Yen, Swiss Franc, British Pound and Euro. The move has not tr… more »
Technorati tags: consumer price indexcurrencydollareuropipstraders
Flickr tags: consumer price indexcurrencydollareuropipstraders

Forex Trading Tips


22nd February 2006
The stagnant currency markets of the moment remind me of when I was broking and the amount of patience I had to instil in some clients. In situations like those that exist today in the major currencies, Japanese Yen, Swiss Franc, British Pound, and Euro… more »
Technorati tags: brokingdollarforexmarketspipstraders
Flickr tags: brokingdollarforexmarketspipstraders

Early Morning Forex Comment


22nd February 2006
Currency markets were almost moribund in slow Asian forex trading. Traders seem almost paralysed, unable or unwilling to take the US Dollar into new trading ranges. There are lots of mixed signals with many Central Banks starting new eras. The Bank of Ja… more »
Technorati tags: bank of japanbeige bookconsumer price indexcurrencydollarforex

Euro / US Dollar Technical Levels


22nd February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in EUR/USD RESISTANCE: 1.1995 then 1.2025 then 1.2065 SUPPORT: 1.1855 then 1.1810 Forex… more »
Technorati tags: currencydollareuroforexfxtechnical levels
Flickr tags: currencydollareuroforexfxtechnical levels

US Dollar /Swiss Franc Technical Levels


22nd February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in CHF/USD RESISTANCE: 1.3155 then 1.3205 SUPPORT: 1.3025 then 1.2975 then 1.2910 Forex… more »
Technorati tags: currencydollarforexfxswiss franctechnical levels
Flickr tags: currencydollarforexfxswiss franctechnical levels

British Pound / US Dollar Technical Levels


22nd February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in GBP/USD RESISTANCE: 1.7490 then 1.7570 SUPPORT: 1.7390 then 1.7330 then 1.7260 then 1.7190… more »
Technorati tags: british poundcurrencydollarforexfxtechnical levels
Flickr tags: british poundcurrencydollarforexfxtechnical levels

US Dollar / Japanese Yen Technical Levels


22nd February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in JPY/USD RESISTANCE: 119.00 then 119.35 then 119.95 SUPPORT: 117.10 then 116.70 Forex tradin… more »
Technorati tags: currencydollarforexfxjapanese yentechnical levels
Flickr tags: currencydollarforexfxjapanese yentechnical levels

Economic Calendar for Today


22nd February 2006
Economic Calendar for today: Wednesday 22nd February 2006 Timeeventexpectprevious 09:00 GMT EU December Euro-zone ECB current account 0.6 bln -10.1 Bln 09:30 GMT UK Bank of England February meeting minutes .. .. 10:00 GMT EU December Industrial New O… more »

European closing forex comment


21st February 2006
The US Dollar is closing the European trading session virtually unchanged in what has been a very sluggish day with currency traders unable to summon the courage to take the major currencies, Japanese Yen, Swiss Franc, British Pound and Euro, into new te… more »
Technorati tags: currencydollarforexfxpipstrading
Flickr tags: currencydollarforexfxpipstrading

Midday Forex Commentry


21st February 2006
The US Dollar has edged nervously better against the Japanese Yen in slow trading this morning. The February 10th high trade of 118.95 has been equalled several times but not broken. Currency traders seem to be unwilling to take us into new territory wit… more »
Technorati tags: dollarforexfxjapanese yenleading economic indicatorstraders

Early Morning Forex Comment


21st February 2006
The US Dollar has edged a fraction better against the Japanese Yen in a quiet trading session in Asia. The Japanese Yen is trading around the 118.50 level against the US Dollar. Currency traders will be looking at a little resistance around the 118.80 le… more »
Technorati tags: currencydollarforexfxjapanese yentraders
Flickr tags: currencydollarforexfxjapanese yentraders

US Dollar /Swiss Franc Technical Levels


21st February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in CHF/USD RESISTANCE: 1.3155 then 1.3205 SUPPORT: 1.3025 then 1.2975 then 1.2910 Forex… more »
Technorati tags: currencydollarforexfxswiss franctechnical levels
Flickr tags: currencydollarforexfxswiss franctechnical levels

Euro / US Dollar Technical Levels


21st February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in EUR/USD RESISTANCE: 1.1995 then 1.2025 then 1.2065 SUPPORT: 1.1855 then 1.1810 Forex… more »
Technorati tags: currencydollareuroforexfxtechnical levels
Flickr tags: currencydollareuroforexfxtechnical levels

British Pound / US Dollar Technical Levels


21st February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in GBP/USD RESISTANCE: 1.7460 then 1.7490 SUPPORT: 1.7390 then 1.7330 then 1.7260 then 1.7190… more »
Technorati tags: british poundcurrencydollarforexfxtechnical levels
Flickr tags: british poundcurrencydollarforexfxtechnical levels

US Dollar / Japanese Yen Technical Levels


21st February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in JPY/USD RESISTANCE: 118.80 then 119.35 SUPPORT: 117.10 then 116.70 Forex trading involves ri… more »
Technorati tags: currencydollarforexfxjapanese yentechnical levels
Flickr tags: currencydollarforexfxjapanese yentechnical levels

Economic Calendar for Today


21st February 2006
Economic Calendar for today: Tuesday 21st February 2006 Timeeventexpectprevious 10:00 GMT EU December Euro-zone trade balance .. -2.3 mln euro 15:00 GMT US January Leading Economic Indicators 0.5pct 0.1pct 19:00 GMT US January 31st FOMC meeting minute… more »

European closing forex comment


20th February 2006
European Central Bank ( ECB ) President Jean-Claude Trichet speaking today to the European Parliament and reiterated that ``vigilance'' is needed to stem accelerating inflation in the euro region. This was taken to mean by most financial markets that a 0… more »
Technorati tags: cpiecbforexfxleading economic indicatorstraders
Flickr tags: cpiecbforexfxleading economic indicatorstraders

Mid morning Forex market comment.


20th February 2006
Stronger than expected German Producer Price Data pegged back the early Euro advance against the US Dollar. January German Producer Prices rose an annualised 5.6pct in January. This is the highest rate of rise since July 1982. An annualised rate of 4.8pc… more »
Technorati tags: dollareuroimmopen interestproducer pricestraders
Flickr tags: dollareuroimmopen interestproducer pricestraders

Early Morning Forex Comment


20th February 2006
The Euro took centre stage in a quiet trading session in Asia today. Speculation that the European Central Bank ( ECB ) President who will address the European Parliament today will make further hints of a more aggressive stance to higher interest rates… more »
Technorati tags: currencydollareuroforextradingtrichet
Flickr tags: currencydollareuroforextradingtrichet

US Dollar /Swiss Franc Technical Levels


20th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in CHF/USD RESISTANCE: 1.3155 then 1.3205 SUPPORT: 1.3025 then 1.2975 then 1.2910 Forex… more »
Technorati tags: currencydollarforexfxswiss franctechnical levels
Flickr tags: currencydollarforexfxswiss franctechnical levels

Euro / US Dollar Technical Levels


20th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in EUR/USD RESISTANCE: 1.1995 then 1.2025 then 1.2065 SUPPORT: 1.1855 then 1.1810 Forex… more »
Technorati tags: currencydollareuroforexfxtechnical levels
Flickr tags: currencydollareuroforexfxtechnical levels

British Pound / US Dollar Technical Levels


20th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in GBP/USD RESISTANCE: 1.7460 then 1.7490 SUPPORT: 1.7390 then 1.7330 then 1.7260 then 1.7190… more »
Technorati tags: british poundcurrencydollarforexfxtechnical levels
Flickr tags: british poundcurrencydollarforexfxtechnical levels

US Dollar / Japanese Yen Technical Levels


20th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in JPY/USD RESISTANCE: 118.40 then 118.80 SUPPORT: 117.10 then 116.70 Forex trading involves ri… more »
Technorati tags: currencydollarforexfxjapanese yentechnical levels
Flickr tags: currencydollarforexfxjapanese yentechnical levels

Economic Calendar for Today


20th February 2006
Economic Calendar for today: Monday 20th February 2006 Timeeventexpectprevious 07:00 GMT German January Producer Prices Year on Year 4.8pct 5.2pct 09:30 GMTUK January Public Sector Net Borrowing .. 6.5 Bln 09:30 GMT UK January M$ Money Supply Year on… more »

European closing forex comment


17th February 2006
Forex traders failed to take advantage of earlier US Dollar gains, so, position squaring ahead of a long US weekend has pushed the Japanese Yen, Euro, British Pound and Swiss Franc back towards the comfort zones of trading ranges of the past few days. Th… more »
Technorati tags: currencydollarforexforex tradersjapanese yentrading ranges

Early afternoon forex comment


17th February 2006
January US Producer Price Index ( PPI ) data was released showing greater than expected gains. Currency markets remained unmoved by the economic statistic release with traders keeping a long US Dollar bias. January PPI rose 0.3pct despite expectations of… more »
Technorati tags: core ppidollarjapanese yenppiproducer price indextraders
Flickr tags: core ppidollarjapanese yenppiproducer price indextraders

Late morning forex comment


17th February 2006
Currency traders have edged the US Dollar better against the Japanese Yen in what has been an otherwise uneventful trading morning. At the time of writing the USD/JPY spot is trading at 118.65. Currency traders will have in mind a series of targets depen… more »
Technorati tags: day tradersforexfxjapanese yentechnical levelstraders
Flickr tags: day tradersforexfxjapanese yentechnical levelstraders

Early Morning Forex Comment


17th February 2006
Forex trading in Asia failed to excite despite being given all the ingredients to do so. Japanese 4th quarter GDP was estimated to have grown 1.4pct, quarter on quarter and 5.5pct on an annualised basis. This was stronger than the estimated 1.2pct and 4.… more »
Technorati tags: currencydollarforexfxjapanese yenppi
Flickr tags: currencydollarforexfxjapanese yenppi

US Dollar /Swiss Franc Technical Levels


17th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in CHF/USD RESISTANCE: 1.3155 then 1.3205 SUPPORT: 1.3080 then 1.3025 then 1.2910 Forex… more »
Technorati tags: currencydollarforexfxswiss franctechnical levels
Flickr tags: currencydollarforexfxswiss franctechnical levels

Euro / US Dollar Technical Levels


17th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in EUR/USD RESISTANCE: 1.1935 SUPPORT: 1.1855 then 1.1810 Forex trading involves risk. U… more »
Technorati tags: currencydollareuroforexfxtechnical levels
Flickr tags: currencydollareuroforexfxtechnical levels

British Pound / US Dollar Technical Levels


17th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in GBP/USD RESISTANCE: 1.7420 then 1.7490 SUPPORT: 1.7330 then 1.7260 then 1.7190 Forex… more »
Technorati tags: british poundcurrencydollarforexfxtechnical levels
Flickr tags: british poundcurrencydollarforexfxtechnical levels

US Dollar / Japanese Yen Technical Levels


17th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in JPY/USD RESISTANCE: 118.30 then 118.80 SUPPORT: 117.10 then 116.70 Forex trading involves ri… more »
Technorati tags: currencydollarforexfxjapanese yentechnical levels
Flickr tags: currencydollarforexfxjapanese yentechnical levels

Economic Calender for Today


17th February 2006
Economic calender for Friday 17th february 2006 Timeeventexpectprevious 13.30 GMTUS January Producer Price Index ( PPI ) 0.2pct 0.6pct 13.30 GMT US Core January Producer Price Index 0.2pct0.1pct 14.45 GMT US February University of Michigan Sentiment S… more »

Afternoon Forex comment


16th February 2006
Forex traders tried to take the US Dollar better this morning testing currency minor support levels, trying to tease day traders out of weak short US Dollar positions. There was, however no follow through and so the currency markets drifted back, awaitin… more »
Technorati tags: currency marketsday tradersdollarfinancial marketsforextraders

Early Morning Forex Comment


16th February 2006
Currency markets had their most volatile session for a long time yesterday with support and resistance levels being tested. The release of weak US industrial production data for January following weak US December Net International Capital Flows ( TICS )… more »
Technorati tags: bank of japanbernankecurrencydollarforexfx
Flickr tags: bank of japanbernankecurrencydollarforexfx

US Dollar /Swiss Franc Technical Levels


16th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in CHF/USD RESISTANCE: 1.3140 then 1.3205 SUPPORT: 1.3025 then 1.2910 Forex trading invo… more »
Technorati tags: currencydollarforexfxswiss franctechnical levels
Flickr tags: currencydollarforexfxswiss franctechnical levels

Euro / US Dollar Technical Levels


16th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in EUR/USD RESISTANCE: 1.1935 SUPPORT: 1.1855 then 1.1810 Forex trading involves risk. U… more »
Technorati tags: british poundcurrencydollarforexfxtechnical levels
Flickr tags: british poundcurrencydollarforexfxtechnical levels

British Pound / US Dollar Technical Levels


16th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in GBP/USD RESISTANCE: 1.7490 SUPPORT: 1.7330 then 1.7260 then 1.7190 Forex trading invo… more »
Technorati tags: british poundcurrencydollarforexfxtechnical levels
Flickr tags: british poundcurrencydollarforexfxtechnical levels

US Dollar / Japanese Yen Technical Levels


16th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in JPY/USD RESISTANCE: 118.30 then 118.80 SUPPORT: 117.10 then 116.70 Forex trading involves ri… more »
Technorati tags: currencydollarforexfxjapanese yentechnical levels
Flickr tags: currencydollarforexfxjapanese yentechnical levels

Economic Calender for Today


16th February 2006
Economic calender for Thursday 16th February 2006 09.30 GMT: UK January Retail Sales expect -0.2% vs. previous 0.4% 13:30 GMT: US January Building Permits expect 2063 k vs. previous 2075 k 13:30 GMT: US January Housing Starts Expect 2010 k v… more »

Early afternoon forex comment


15th February 2006
Forex traders are marking the US Dollar down following the release of a disappointing US December Net International Capital Flows ( TICS ) statistic. The US Treasury Department said that the data showed a net inflow of only 56.6 billion dollars against… more »
Technorati tags: currencydollareurofederal reserveforextics
Flickr tags: currencydollareurofederal reserveforextics

Mid morning Forex market comment.


15th February 2006
Cable traders have edged the British Pound half a cent firmer against the US Dollar this morning following the release of the Bank of England Quarterly Inflation Report. The report gave no indication to the forex markets that the Bank of England was on t… more »

Economic Calender for Today


15th February 2006
Economic Calender for Wednesday 15th February 2006  Expectation Previous Actual 09.30 GMT Bank of England Quarterly Inflation Report    13.30 GMT US February Empire Manufacturing Survey 18.020.1   14.00 GMT US December… more »

Early Morning Forex Comment


15th February 2006
Currency markets in Asia had another quiet session with attention focused on the testimony today by the new Federal Reserve Chairman Bernanke. The very strong retail sales data yesterday failed to encourage fx traders to take the US Dollar into new terri… more »
Technorati tags: currencydollareurofxjapanese yentic
Flickr tags: currencydollareurofxjapanese yentic

US Dollar /Swiss Franc Technical Levels


15th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in CHF/USD RESISTANCE: 1.3125 then 1.3205 SUPPORT: 1.3000 then 1.2910 Forex trading invo… more »
Technorati tags: currencydollarforexfxswiss franctechnical levels
Flickr tags: currencydollarforexfxswiss franctechnical levels

Euro / US Dollar Technical Levels


15th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in EUR/USD RESISTANCE: 1.1935 SUPPORT: 1.1880 then 1.1810 Forex trading involves risk. U… more »
Technorati tags: currencydollareuroforexfxtechnical levels
Flickr tags: currencydollareuroforexfxtechnical levels

British Pound / US Dollar Technical Levels


15th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in GBP/USD RESISTANCE: 1.7380 then 1.7490 SUPPORT: 1.7260 then 1.7190 Forex trading invo… more »
Technorati tags: british poundcurrencydollarforexfxtechnical levels
Flickr tags: british poundcurrencydollarforexfxtechnical levels

US Dollar / Japanese Yen Technical Levels


15th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in JPY/USD RESISTANCE: 117.80 then 118.30 then 118.80 SUPPORT: 117.10 then 116.70 Forex trading… more »
Technorati tags: currencydollarforexfxjapanese yentechnical levels
Flickr tags: currencydollarforexfxjapanese yentechnical levels

Early afternoon forex comment


14th February 2006
Forex traders pushed the US Dollar firmer on the release of stronger than expected US Retail Sales data for January. Retail Sales for January rose 2.3% against expectations of a rise of 0.9%. Excluding autos the economic data showed a rise of 2.2%. The p… more »
Technorati tags: currencydollareconomic dataforexfxretail sales
Flickr tags: currencydollareconomic dataforexfxretail sales

Mid morning Forex market comment.


14th February 2006
Following the release of the latest UK Retail Price Index statistic, UK inflationary pressures would seem to be under control. The data came in slightly lower than the forex markets had been looking for. The office for National Statistics revealed that… more »
Technorati tags: british poundcablecurrencyforexfxsterling
Flickr tags: british poundcablecurrencyforexfxsterling

Early Morning Forex Comment


14th February 2006
Forex markets had another quiet trading session in Asia overnight with the Japanese Yen strengthening slightly against all currencies and the US Dollar weakening slightly. Fx traders appeared quite content to stay within well recognised trading ranges, p… more »
Technorati tags: dollarforexfxtechnical levelstraderstrading
Flickr tags: dollarforexfxtechnical levelstraderstrading

US Dollar / Japanese Yen Technical Levels


14th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in JPY/USD RESISTANCE: 117.80 then 118.30 then 118.80 SUPPORT: 117.10 then 116.70 Forex trading… more »
Technorati tags: currencydollarforexfxjapanese yentechnical levels
Flickr tags: currencydollarforexfxjapanese yentechnical levels

Euro / US Dollar Technical Levels


14th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in EUR/USD RESISTANCE: 1.1935 SUPPORT: 1.1880 then 1.1810 Forex trading involves risk. U… more »
Technorati tags: currencydollareuroforexfxtechnical levels
Flickr tags: currencydollareuroforexfxtechnical levels

Swiss Franc / US Dollar Technical Levels


14th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in CHF/USD RESISTANCE: 1.3125 then 1.3205 SUPPORT: 1.3000 then 1.2910 Forex trading invo… more »
Technorati tags: currencydollarforexfxswiss franctechnical levels
Flickr tags: currencydollarforexfxswiss franctechnical levels

British Pound / US Dollar Technical Levels


14th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in GBP/USD RESISTANCE: 1.7490 SUPPORT: 1.7350 then 1.7260 then 1.7190 Forex trading in… more »
Technorati tags: british poundcurrencydollarforexfxtechnical levels
Flickr tags: british poundcurrencydollarforexfxtechnical levels

Swiss Franc / US Dollar Technical Levels


13th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in CHF/USD RESISTANCE: 1.3125 then 1.3205 SUPPORT: 1.3000 then 1.2910 Forex trading invo… more »
Technorati tags: currencydollarforexfxswiss franctechnical levels
Flickr tags: currencydollarforexfxswiss franctechnical levels

British Pound / US Dollar Technical Levels


13th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in GBP/USD RESISTANCE: 1.7490 SUPPORT: 1.7350 then 1.7260 then 1.7190 Forex trading in… more »
Technorati tags: british poundcurrencydollarforexfxtechnical levels
Flickr tags: british poundcurrencydollarforexfxtechnical levels

US Dollar / Japanese Yen Technical Levels


13th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in JPY/USD RESISTANCE: 118.30 then 118.80 SUPPORT: 117.50 then 117.10 then 116.70 Forex trading… more »
Technorati tags: currencydollarforexfxjapanese yentechnical levels
Flickr tags: currencydollarforexfxjapanese yentechnical levels

Euro / US Dollar Technical Levels


13th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in EUR/USD RESISTANCE: 1.1935 SUPPORT: 1.1880 then 1.1810 Forex trading involves risk. U… more »
Technorati tags: currencydollareuroforexfxtechnical levels
Flickr tags: currencydollareuroforexfxtechnical levels

Early afternoon forex comment


10th February 2006
The U.S. trade deficit widened in December to 65.7 billion US dollars, just over 1 billion dollars than the financial markets had expected. The November statistic was revised upwards to 64.7 billion dollars. The immediate reaction by currency traders was… more »
Technorati tags: british poundcurrencydollareuroforexfx
Flickr tags: british poundcurrencydollareuroforexfx

Euro / US Dollar Technical Levels


10th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in EUR/USD RESISTANCE: 1.2020 SUPPORT: 1.1915 Forex trading involves risk. Understand th… more »
Technorati tags: currencyeuroforexfxtechnical levelstrading
Flickr tags: currencyeuroforexfxtechnical levelstrading

Swiss Franc / US Dollar Technical Levels


10th February 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in CHF/USD RESISTANCE: 1.3040 SUPPORT: 1.2945 Forex trading involves risk. Understan… more »
Technorati tags: currencyforexfxswiss franctechnical levelstrading
Flickr tags: currencyforexfxswiss franctechnical levelstrading